Articles from www.bloomberg.com

Articles from www.bloomberg.com

Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024 (www.bloomberg.com)
2022-12-21

Yen Surges as Kuroda's Yield Cap Shock Heralds BOJ Normalization (www.bloomberg.com)
2022-12-20

Changpeng Zhao confirms Binance acquired the remaining 49% stake in Indonesia's crypto exchange Tokocrypto; the unit will cut 58% of jobs and replace its CEO (www.bloomberg.com)
2022-12-20 Indonesia

Australia Considered Pausing Rate Hikes at December Meeting (www.bloomberg.com)
2022-12-20 Australia

Remote work and tech layoffs hollow out San Francisco, where only 43.1% of workers are back at offices, compared to LA's 46.1%, NYC's 47.6%, and Austin's 62.7% (www.bloomberg.com)
2022-12-20 Layoffs San Francisco

Elon Musk, in a reply to a tweet suggesting that voting on policy decisions should be restricted to Blue subscribers, says “Twitter will make that change” (www.bloomberg.com)
2022-12-20 Twitter Elon Musk

Analysis of Elon Musk's reported attempts to raise more money through an equity sale at an absurd price, why his successor's job will be unenviable, and more (www.bloomberg.com)
2022-12-20 Elon Musk Equity

Cheap Weed Has Become a Big Problem in the Pot Industry (www.bloomberg.com)
2022-12-20

Canada Goes After $26 Million in Assets From Russian Oligarch Abramovich (www.bloomberg.com)
2022-12-20 Russia Canada Asset

Meta CTO Andrew Bosworth says the company plans to devote ~20% of its overall costs and expenses to Reality Labs in 2023, up from 18% in Q3 2022 (www.bloomberg.com)
2022-12-20

Binance.US agrees to acquire Voyager Digital's assets out of bankruptcy in a deal worth $1.022B, subject to approval at a hearing on January 5 (www.bloomberg.com)
2022-12-20 Asset

Highest Interest Rates in 15 Years Are Derailing the American Dream (www.bloomberg.com)
2022-12-19 U.S.

Crypto.com's 2022 World Cup sponsorship, a symbol of how aggressively crypto companies spent on ads to gain users, was largely overshadowed by FTX's collapse (www.bloomberg.com)
2022-12-19

The European Commission sends Meta a statement of objection for possible antitrust breaches over tying Marketplace to Facebook and imposing unfair trading terms (www.bloomberg.com)
2022-12-19 Europe Facebook

UK's Next Budget Will Take Place on March 15, Jeremy Hunt Says (www.bloomberg.com)
2022-12-19 Budget

Binance's BNB token dropped 9% over the past month, even as bitcoin remains steady, after record outflows; BNB has jumped over 1,600% in the past three years (www.bloomberg.com)
2022-12-19 Bitcoin

Sources and analysis: Twitter's Community Notes doesn't address lies that are divisive; 30K+ or ~96% of notes contributed by community are not visible to users (www.bloomberg.com)
2022-12-19 Twitter

Sources: Apple is working on Mac Pro with M2 Ultra, but cancelled the double Ultra capacity “Extreme” chips; new Mac Pro computers could be assembled in Vietnam (www.bloomberg.com)
2022-12-19 Apple Vietnam

In a complaint to the US NLRB, the CWA alleges Apple tried to prevent union organizing in Ohio by creating a company-controlled pseudo-union (www.bloomberg.com)
2022-12-17 Apple

Half a dozen former students are alleging Philip Dybvig, the 2022 Nobel Prize winner in economics sciences, (www.bloomberg.com)
2022-12-17 Nobel

ECB Is Doubling Down on Rate Hikes Just as a Recession Bites (www.bloomberg.com)
2022-12-17

Euro-Area Inflation at 10.1% Slowed Less Than Thought Last Month (www.bloomberg.com)
2022-12-17 Inflation

US Retail Sales Drop Most in 11 Months, Missing Estimates (www.bloomberg.com)
2022-12-17 Retail

Singapore-based crypto trading platform Amber Group raised a $300M Series C led by Fenbushi Capital US, at less than its February valuation of $3B (www.bloomberg.com)
2022-12-16 Singapore

Elon Musk's Twitter Is a Shakespearean Psychodrama Set in Silicon Valley (www.bloomberg.com)
2022-12-16 Twitter Elon Musk

Tech industry groups that include Meta and Google ask SCOTUS to overturn the Texas social media content moderation law, arguing it violates the First Amendment (www.bloomberg.com)
2022-12-16 Google Texas

About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits (www.bloomberg.com)
2022-12-16 China Hong Kong Alibaba

Brain-computer interface developer Synchron raised $75M from ARCH Venture, Bezos Expeditions, Gates Frontier, and others, bringing its total funding to $145M (www.bloomberg.com)
2022-12-16

Rudy Giuliani Likely Committed Misconduct Over 2020 Election, DC Bar Panel Finds: Rudy Giuliani Likely Committed Misconduct Over 2020 Election, DC Bar Panel Finds Ethics attorney alleged he ‘weaponized his law license' - Panel's decision is a preliminary finding and not final (www.bloomberg.com)
2022-12-16

Filing: the DOJ's US Trustee unit names nine creditors to FTX's bankruptcy committee, which could oversee payouts, including units from Genesis and Wintermute (www.bloomberg.com)
2022-12-16

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